NYK’s Financial Performance Propelled By ONE Earnings

NYK’s Financial Performance Propelled By ONE Earnings
In the first nine months of the fiscal year ending March 31, 2023 (April 1, 2022 to December 31, 2022), consolidated revenues amounted to ¥2,050.1 billion (increased by ¥374.2 billion compared to the first nine months of the previous fiscal year), operating profit...
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0.5% VLSFO rally cools on flurry of offers

0.5% VLSFO rally cools on flurry of offers
Asia’s spot premium for 0.5% very low sulphur fuel oil (VLSFO) eased on Friday amid a flurry of spot offers, snapping a rally that struck six-month highs. The spot premium (MFO05-SIN-DIF) slid to $25.14 a tonne to Singapore quotes on Friday, while the February...
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India Signals Change Through Vessel Age Limits

India Signals Change Through Vessel Age Limits
India is taking further steps to lower the footprint that their Shipping trade leaves. It is understood that a number of measures will be introduced, including the ban of Tankers and Bulkers older than 25 years, and Gas and Container vessels older than 30 years, from...
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